shakeout & what we have to look forward to, page-14

we should be comparing ggp to azz. that company is going places whilst we are still waiting to finish off our first 2 wells. i hope sg isnt saving it for an anniversary present.

what intrigues ame is how he is gonna get our funding for 6 - 8 hori wells next year. i'd rather he stuff the jv unless its on favourable terms and get a debt facility and keep our prospect to ourselves.

azz got 200mil at 4.25% interest for a vertical campaign on 36000 acres. why cant we get 50 mil for our 8000 or so acres. azz got their loan with roughly 600 boed production a little over a year ago.

see where we could be headed after our first 2 wells get fracked.

imagine the upside this company holds if we get 6 figure ip's next year every 2 months with 100% wi, this is why i hold and trust sg to deliver like he did at orchard petroleum.